How Paul Moore Was Able To Give His Way Out of $2.5M In Debt | Our Family Invests

<p>Paul Moore sold his first company in his early thirties and thought that made him an investor. It didn't. A decade of speculating cost him everything, sliding from $1.5 million in savings to $2.5 million in debt.</p><p>Facing bankruptcy, Paul and his wife did the opposite of what everyone expected. They committed to giving away a painful, set amount every week, starting January 1st, 2008, in the worst months of the financial crisis. Thirteen months later they were completely debt free, house included.</p><p>From there Paul rebuilt into Wellings Capital, a private equity firm managing over $500 million across 1,100+ investors. He's a recovering "Shiny Object Chaser" turned "The Boring Investor," and he explains why his firm turned down 1,136 of 1,137 deals it reviewed last year.</p><p>What You'll Learn:</p><ul><li>Why speculating and investing aren't the same thing</li><li>The decision Paul made instead of declaring bankruptcy</li><li>How a real estate structuring move helped pay off $2.5 million in debt during the 2008 crisis</li><li>Why "circle of competence" and saying no are a real edge</li><li>How preferred equity and JV equity protect investor principal</li></ul><p>Paul didn't get out of debt by finding a better deal. He got out by deciding what actually mattered before the money came back.</p><p>Connect with Paul Moore:<br />Website: <a href="https://www.wellingscapital.com" target="_blank" rel="ugc noopener noreferrer">https://www.wellingscapital.com</a><br />Instagram: <a href="https://www.instagram.com/paulmooreinvest/" target="_blank" rel="ugc noopener noreferrer">https://www.instagram.com/paulmooreinvest/</a></p><p>Want more free tools and articles on wealth, growth, mindset, and family? Head to <a href="https://www.OurFamilyInvests.com" target="_blank" rel="ugc noopener noreferrer">https://www.OurFamilyInvests.com</a>.</p><p>Build intentionally. Let it compound.</p><p>#paulmoore</p>